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Suppose the Growth in GDP Per Hour Worked Resulting from Physical

Question 114

Multiple Choice

Suppose the growth in GDP per hour worked resulting from physical capital in an economy is 1 percent and the growth resulting from human capital is 2 percent.If the annual growth rate of GDP per hour worked is 5 percent,the growth resulting from technology equals ________.


A) 1 percent
B) 2 percent
C) 3 percent
D) 4 percent

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